KOTAK MAHINDRA BANK LIMITED vs THE STATE OF MAHARASHTRA THR THE GOVERNMENT PLEADER AND ANR

Judgment text excerpt

18-WP-9380-2024++F.DOCX Amol IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 9380 OF 2024 WITH WRIT PETITION NO. 9388 OF 2024 WITH WRIT PETITION NO.9385 OF 2024 Kotak Mahindra Bank Ltd …Petitioner Versus The State of Maharashtra thr. Government Pleader & Ors …Respondents WITH WRIT PETITION NO.1494 OF 2024 Anbit Finvest Pvt Ltd …Petitioner Versus Debit Recovery Tribunal-1 …Respondent WITH INTERIM APPLICATION NO. 12395 OF 2025 IN WRIT PETITION NO. 1494 OF 2024 Reliance Asset Reconstruction Company Ltd …Applicant AMOL PREMNATH Versus JADHAV Digitally signed by AMOL PREMNATH JADHAV Debit Recovery Tribunal-1 …Respondent Date: 2025.12.12 18:13:27 +0530 WITH INTERIM APPLICATION NO. 14793 OF 2024 IN WRIT PETITION NO. 1494 OF 2024 Vinay Jain …Applicant Page 1 of 13 18-WP-9380-2024++F.DOCX Versus Debit Recovery Tribunal-1 Mumbai Bench …Respondent ______________________________________________________ Mr. Shanay Shah, with Hamza Lakhani, Mr. Nishant Rana & Mr. Chinmayee Ghag, i/b, Zastriya, for the Petitioners. Ms. Bijal K. Gogri, i/b, GNP Legal, for the Respondent. Mr. Vinit Jain, with Ashutosh Mishra, Mr. Gaurav Mhatre & Shazia Ansari, for the Respondent No.-DRT. Ms S. D. Vyas, Addl GP, for the Respondent-State in all mattes. ______________________________________________________ CORAM M.S. Sonak & Advait M. Sethna, JJ. DATED: 10 December 2025 ORAL JUDGMENT:- (per M. S. Sonak, J) 1. Heard learned Counsel for the parties. 2. We issue Rule in all these Petitions, given our order of 25 November 2025. 3. The learned Counsel state that substantially similar issues of law and facts arise in all these Petitions and therefore, they could be disposed of by a common judgment and order. 4. The learned Counsel for the Petitioners had submitted that t